Every day, potential home buyers are flooded with news items about the difficulties of securing a mortgage loan in the aftermath of the subprime fallout.
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June 30 2008 | Home Loan Mortgage Blog | No Comments »
Rates on 30-year mortgages rose again last week, climbing to the highest level in more than nine months, reflecting more concerns about how the Federal Reserve will respond to inflation pressures. Freddie Mac, the mortgage company, reported Thursday that 30-…
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June 30 2008 | Home Loan Mortgage Blog | No Comments »
A tough economic environment, with high interest rates and inflation, means you are less likely to be granted a home loan or a loan at a favourable interest rate unless you can put down a significant deposit and have a good credit record.
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June 28 2008 | Home Loan Mortgage Blog | No Comments »
The Federal Home Loan Bank of San Francisco´s Board of Directors has declared a dividend for
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June 27 2008 | Home Loan Mortgage Blog | No Comments »
“Offset” mortgages combine a checking account, home-equity loan and mortgage into one account.
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June 26 2008 | Home Loan Mortgage Blog | No Comments »
The average two-year fixed rate mortgage is the same as the average standard variable rate, writes Myra Butterworth
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June 26 2008 | Home Loan Mortgage Blog | No Comments »
New British home loan approvals fell at their sharpest annual rate in at least a decade, reaching a record in May, raising fears that the housing slowdown was escalating.
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June 25 2008 | Home Loan Mortgage Blog | No Comments »
The average cost of a two-year fixed-rate mortgage has broken through the 7% barrier, a financial information group said. Homeowners wanting to take out a two-year deal can now expect to pay an average of 7.02% - the highest level for more than a decade.
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June 24 2008 | Home Loan Mortgage Blog | No Comments »
The recent rise in mortgage rates might seem like yet another reason to stay out of real estate. But for some home buyers, it’s having just the opposite effect.
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June 23 2008 | Home Loan Mortgage Blog | No Comments »
DALLAS—-Sollen Technologies, an Internet-based application services provider of product, pricing and best execution capabilities for the mortgage industry, has been selected by Georgetown, Texas-based Home Source Mortgage to use its full suite of products - Lender Online, Best Ex, and Rate Sheet Generator.
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June 23 2008 | Home Loan Mortgage Blog | No Comments »